US-headquartered groups with EU subsidiaries, branches, or significant EU turnover are caught by CSRD — often before US ESG counsel realises. ESGFlux tracks CSRD scope, ESRS, SEC climate, California rules, and EU Omnibus simplification in one feed.
No credit card required · Cancel anytime
Most US ESG counsel underestimates CSRD's extraterritorial reach. Here are the routes in.
A US-headquartered group with an EU subsidiary meeting two of three criteria — €25m balance sheet, €50m turnover, 250 employees — pulls that subsidiary into CSRD reporting under the local company law transposition.
Non-EU companies with EU branches generating €40m+ turnover face CSRD reporting at branch level under Article 40a — separate from any subsidiary obligations.
Non-EU parents generating €150m+ EU turnover (with at least one qualifying EU subsidiary or branch) face consolidated CSRD reporting at parent level — first reports due FY 2028.
Thresholds reflect Directive 2022/2464 as published. Watch our feed for ongoing Omnibus simplification adjustments.
US-EU groups face overlapping regimes. We track all of them — so you don't miss the one that catches you.
EU sustainability reporting framework — phased entry, audited limited assurance, ESRS 1/2/E1–E5/S1–S4/G1 disclosures plus upcoming sector standards.
February 2025 simplification package adjusts CSRD scope thresholds, ESRS data point counts, and CSDDD timing. Trilogue ongoing — major impact on US groups in scope.
US Securities and Exchange Commission climate-related disclosure rule. Track adoption, litigation, staying-of-effect, and final compliance dates.
California climate disclosure laws. SB 253 (Scope 1+2+3 emissions) and SB 261 (climate-related financial risk) — distinct from federal SEC rule, with different thresholds.
Corporate Sustainability Due Diligence Directive — phased entry from 2027 for the largest companies. Reaches non-EU parents with €450m+ EU turnover.
Mandatory Taxonomy alignment disclosures for in-scope CSRD reporters. Six environmental objectives, technical screening criteria, DNSH, minimum safeguards.
S&P 500, Russell 1000, or NASDAQ-listed groups with EU subsidiaries, EU manufacturing, or material EU revenue.
Centralised function responsible for global ESG reporting, briefing the audit committee on CSRD readiness, and coordinating with EU subsidiary teams.
Tracking SEC climate rule + EU CSRD + California SB 253/261 in parallel. One feed, one log.
Advising US clients on EU CSRD scoping. Brief multiple clients on the same regulatory shift before competitors do.
Start a free trial — full Professional plan, no credit card. Or get the weekly digest.
Or get the free weekly digest: